SOLD
RECENT ADVICE
Sold on 06 Jun 2024 for $765,000

133/6 Paine Street
Newport VIC 3015

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 133/6 Paine St, Newport

133/6 Paine St, Newport is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Townhouse sold in Newport in the last 12 months.

Building Type
Townhouse

Last Listing description (June 2024)

A truly beautiful property and one of only selected few within this development that has a private side courtyard. This is first class in all its splendour. A blue-chip location that is walking distance to Newport train station & the strand waterfront.

Offering double storey living, with 2 bedrooms, 2 bathrooms flooded with natural light and warmth. Beautifully finished and strikingly appealing the large open plan living/dining space opens out to the South facing balcony, ideal for those summer balmy nights. There's also an east facing courtyard, one of the biggest in the complex, allowing you to enjoy the morning sun or BBQ with friends in the evening.
A quality kitchen with in built fridge space and in-built dishwasher with other top-notch fittings. Timber flooring, split system heating/cooling, laundry area, BIRs & a secure undercover car space are some added features.

This is such a great investment opportunity or a great start for a couple buying their first home providing an affordable opportunity to buy into a high growth bayside market only 10ks from Melbourne CDB.

Property History for 133/6 Paine St, Newport, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$765,000
06 Jun 2024
Listed for Rent
$540/w
05 Apr 2023
  • 06 Jun 2024
    Sold for $765,000
  • 19 Apr 2024
    Listed for Sale Under Offer
  • 27 Mar 2023
    Listed for Rent - Price not available
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About Newport 3015

The size of Newport is approximately 5.2 square kilometres. It has 22 parks covering nearly 15.4% of total area. The population of Newport in 2011 was 11,987 people. By 2016 the population was 12,913 showing a population growth of 7.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 70.7% of the homes in Newport were owner-occupied compared with 69.2% in 2016.

Newport has 6,493 properties. Over the last 5 years, Houses in Newport have seen a 7.15% increase in median value, while Units have seen a 6.54% increase. As at 31 October 2024:

  • The median value for Houses in Newport is $1,155,480 while the median value for Units is $761,393.
  • Houses have a median rent of $693 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 12 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 3015

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Michelle Mammoliti
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Natalie Gallenti Brekalo
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.